Happy New Year from NAI FMA Realty!

From the associates at NAI FMA Realty, we wish you a Happy New Year!

Our office will be closing at 3:00pm Thursday, December 31st and will reopen for business on Monday, January 4th at 8:00am. Our answering service will be available through our main number at 402-441-5800 for any emergencies.

Cheney Ridge Family Medical Clinic Opens in Williamsburg

Patrick Bertolini, MD has opened a new practice, Cheney Ridge Family Medical Clinic, at 3540 Village Drive, Suite 100 in the Williamsburg area.  The offices opened late October. 

Dr. Bertolini was assisted by Tom Graf in locating new space for his practice.

New Office Tenants for 84th & Old Cheney

JHHZ Law and Jeffrey, Friehauf & Love CPAs, LLP are relocating from their current offices at 4701 Van Dorn to the office building at 5640 S. 84th Street.  They are moving this week and will occupy the entire building.  Tarnick Chiropractic & Acupuncture and Signature Eye Care P.C. are neighboring tenants in the north building at 5630 S. 84th Street.

Tom Graf represented the landlord with this lease.  If you are needing office space, 2,530 square feet is available for lease in the north building.  You can contact Tom Graf at 402-441-5823 or visit our website for further information.

Performance Chores Moves into Downtown Location

Performance Chores recently moved into its new downtown location at 420 S. 11th Street.  Performance Chores is a commercial cleaning company offering a variety of services for manufacturing, medical and commercial facilities.

Performance Chores purchased the 2,024 square foot building in June of this year.

Merry Christmas from NAI FMA Realty!

On behalf of NAI FMA Realty, I would like to wish you and your family a Merry Christmas!

Our office will be closing at 12:00pm Thursday, December 24th and will reopen for business on Monday, December 28th at 8:00am.  Our answering service will be available through our main number at 402-441-5800 for any emergencies.

Tools For Your Toolbox - Managing Critical Lease Dates

Now that you and your commercial real estate broker have found suitable space to rent, negotiated the lease terms and signed the lease, one last important step as you move forward is to identify and record all critical lease dates that require action.  Critical lease dates can include lease expiration dates, rent step-up or escalation dates, renewal and option dates, etc.  Failure to manage a particular date could result in such things as a late charge if the full rent is not received; higher rents if a renewal option is not exercised timely; or limited options for new space if the lease expiration date is missed.  So knowing and understanding what is contained in your lease agreement is a critical requirement for any commercial tenant.

Farmers Mutual Plans New Headquarters

Farmers Mutual Insurance of Nebraska announced its plans to build a $15 million, 45,000 square foot facility next to its existing headquarters in downtown Lincoln.  Farmers Mutual currently owns the property on the full block bounded by 12th, 13th, and K Street and Lincoln Mall.  The new building is planned to face 13th Street but no timetable has been set for construction.

Planning Agenda Includes Indoor Kennel & Garden Center Action Items

The Planning Commission will meet tomorrow at 1pm to discuss a request to have a special permit for an indoor kennel at the property on the NWC of 40th & Old Cheney and a zoning change from R-3 to B-2 on four lots in the Preserve to allow for a garden center/nursery.

City Council Approves Hotel Project at 11th & N St

Last night the Lincoln City Council gave approval on a $30 million downtown redevelopment of the parking lot just south of the Gold's Building into a hotel, apartments, entertainment center and parking garage.  This block, bounded by 10th, 11th, M and N Streets, is currently used as a parking lot mainly for neighborhing office building tenants.  With this approval, it marks the city's third new hotel project for downtown/Haymarket this year.

Lincoln One of the Best Places to Launch Small Business

CNNMoney.com ranked Lincoln #10 among midsize metro areas for the Best Place to Launch Small Business Startups.  Omaha ranked #3 on that same list.  Best Places to Launch-Lincoln 2009

Friday's Featured Listing - Nostalgic Downtown Location for Sale

The former Kuhl's Restaurant space at 1038 O Street is now for sale along with being available for lease.  Many students and downtown employees have fond memories of the space.  The building could be redeveloped into retail or office with a second floor apartment.  Includes a full basement.  For further information or for a tour, contact Sally DeLair 402-441-5822, Marc Snow 402-441-5819 or Mike Ball 402-441-5807.

DuTeau Expanding Presence in Southwest Lincoln

DuTeau Chevrolet has recently purchased land located near S. 28th Street and Jamie Lane (just east of Las Margaritas) with plans to move their Subaru division to this site.  Timing for the move hasn't been determined.  George Hancock represented DuTeau Chevrolet and Richard Meginnis and Sally DeLair represented the separate owners on the two parcels DuTeau purchased.

First State Bank Closes on S. 27th Street Land

First State Bank recently purchased 3.2 Acres at S. 27th Street and Grainger Parkway (just north of Las Margaritas) where they plan to build a bank branch and administrative headquarters.  First State Bank has three other Lincoln locations along with eight branches and one loan office in surrounding towns.  Richard Meginnis represented First State Bank and Sally DeLair represented the owners, Stone Ledge Village LLC in this transaction.

Look for another announcement regarding this area soon!

Former Hy-Vee Space Up for Sublease

The former Hy-Vee space at 70th & O Street is listed for sublease now by a local REALTOR.  Earlier in the year, rumors circulated about a gym (Urban Active Fitness) or various other businesses leasing the space.  But those deals must have fallen through. 

On a side note...Urban Active Fitness recently opened their first Nebraska location in northwest Omaha.  According to their website, Urban Active Fitness has plans to expand into 30 communities in 6 states by end of 2010, so maybe a Lincoln site isn't far off.